Southwest Wake County’s growth spike shows it’s no longer a bedroom community

What used to be a mere cluster of Triangle-outskirt towns is now one of North Carolina’s centers for economic growth. Even by Triangle region standards, which have been significant, Southwest Wake County’s growth has spiked over the last two decades.

The Census Bureau recently reported growth rateCaptures of approximately 26 percent in Apex, 35 percent in Holly Springs, and 44 percent in Fuquay-Varina, outpacing Raleigh in 2016. Residential growth in Holly Spring

 

s alone is expected to grow so rapidly that for every three residents today, there will be five by 2025.

As a site selection specialist and a local resident, I have seen the impact this has had on the workforce. Joanna Helms, Apex Economic Development Director shared, “Most people don’t realize that Apex has over 50 thriving companies that range from advanced manufacturing, wholesale distribution and precision machining to information technology, computer gaming and software development, as well as micro brewing.”

 

Following the population growth, retail market vacancies have been competitive, and are currently at 2.8 percent according to CoStar. It seems that almost every week, another grocer, restaurant, or other retailer announces an opening. As of November 2017, Southwest Wake had almost 30,000 square feet of retail space under construction, as well as five shopping centers proposed. Current mixed-use developments in Holly Springs and Fuquay-Varina create tremendous retail and mixed-use opportunities for business owners and consumers alike.

While retail development will always follow the rooftops and urban areas continue to thrive and grow, a new trend is emerging where many companies are migrating closer to their workforce. This has not only reduced geographic and traffic concerns during the recruiting process, but has also developed a quality of life for employees that, in turn, improves the quality of the company. Names such as Dell Inc., Rovisys, and Sequirus are located in the heart of Southwest Wake, producing thousands of jobs and catalyst for economic growth.

 

“Town leaders have strategically positioned the assets of the community to attract more life science companies. Highlights include: more than $100 million has been invested in roads, water and sewer projects and parks and recreation facilities in the last 10 years,’ said Holly Springs Economic Development Director, Irena Krstanovic.

Southwest Wake currently has over 75,000 square feet of industrial and flex space under construction. These properties are in addition to almost one million square feet of proposed development. Local municipalities are looking to grow their commercial tax base, as well as offer incentives for businesses to join their communities.

This, along with land availability, provides development opportunities for any

 

thing from spec space to owner-occupancy. Additionally, the construction of “Complete 540” project going through the southwest, there will soon be expedited access to RDU and other parts of the region. According to Economic Development Director, Jim Seymour, “Fuquay-Varina continues to see strong growth in the expansion of our medium to large manufacturing firms. Our geographical location is one of our community’s greatest assets for manufacturing and distribution.”

Source: https://www.bizjournals.com/triangle/news/2017/12/12/southwest-wake-county-s-growth-spike-shows-it-s-no.html

 

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What’s on the Property Manager’s Mind

1I recently read an interesting blog post by Infolio director, Lauren Staley titled “the average life span of a property manager” according to this post the average time a property manager will stay in a job is 9 months! As a property manager, I found this post interesting. I agree with Lauren that property management can be a thankless job, as she said they are often stuck in the middle and despite their best efforts any problems tend to be blamed on the property manager. Landlord refuses to repair something? “You are the worst property manager ever!” Tenants three days late with rent despite calls and reminders? “You are the worst property manager ever!” And the list goes on. It certainly takes a certain type of person to be a successful property manager. So why don’t we feel like this at Bev Roberts Rentals? I think it comes down to feeling incredibly lucky to work together as a family. We are a family owned and operated business that share a love of leasing and property management. We believe that working together as a family gives us an advantage over our competitors and has been the key to our success.

#TheAverageLifeSpanOfAPropertyManager#PropertyManagement #BevRobertsRentals#FamilyOwnedBusiness #LoveOfFamily

Bev Roberts Rentals: the driving force in the world of leasing and property management

16708250_1344599468896764_6328330447239501757_nOur family, at Bev Roberts Rentals, established a driving force in the world of#Leasing and #PropertyManagement in the#Triangle Area! We broke the industry norm in order to serve our clients the best way possible. If you are looking for a refreshing approach to leasing and property management, our family is dedicated and knowledgeable. We are 100% focused on leasing and property management services, because that’s all we do. We don’t sell homes, meaning we are only focused on your investment property; not selling someone else’s.

#locatedinCaryNC #Raleigh #Apex #FuquayVarina#WakeCounty

A Vacant Property is a Pimple on the Complexion of your Investment Business.

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When you have a #vacant #rental property, it costs you money each day it sits empty, so it’s important to reduce time between tenants to a bare minimum. Filling a unit with qualified tenants takes more than just putting up a for rent sign in the yard. #BevRobertsRentals is the key to minimizing the time that your rental sits empty. We act quickly and effectively in marketing and attracting prospective tenants who are ready to sign a lease agreement—all without putting your cash flow at further risk.

8 Tips for Preparing Your Properties for Winter

Snow ShovelingWith the weather more unpredictable than ever, you’ll want to be sure your properties are well prepared for whatever weather may head your way. For those of you living in more temperate climates, now is a good time to perform some annual maintenance on your properties. Here are some suggestions to get you started before that first snow storm hits:

· Have snow removal equipment supplies ready and waiting. No one (or almost no one) looks forward to a big snow storm, but it can be even worse when you realize that you’re out of salt or sand, or your snow removal equipment needs a new motor.
· Be sure to get up on the roof and clean out leaves and other debris from the gutters. Clogged gutters can lead to all sorts of issues when the rain or snow arrives.
· While you’re up there, be sure to inspect the roof. Be sure to keep an eye out for missing or broken shingles or shingles that look like they’re curling up. Taking care of roof problems now will eliminate costly winter repairs, while ensuring that the roof is able to withstand the onslaught of rain or snow that is likely.
· Have maintenance check all furnaces or boilers on the property, repairing any issues immediately. Emergency calls are costly.
· Inspect windows and doorways for drafts and seal the drafty areas immediately with exterior grade caulking. New weather stripping will also work to seal any drafty areas around doors.
· Be sure not to neglect the landscape around your properties; checking all trees for weakened tree limbs, removing them before they have the chance to possibly come crashing down on a tenant or employee. Also take the time to inspect the property for dried brush, which can easily dislodged during a wind storm and become a hazard to anyone walking on the property.
· If your property has wood-burning fireplaces, be sure to have each fireplace inspected prior to use to ensure that the flue is in good working order and that wildlife has not taken up residence in the chimney.
· Provide your tenants with a list of things they can do to save energy and stay safe during the winter months.

Being prepared can eliminate costly repair bills, while keeping your tenants safe and warm during the cold winter months.

Source: PropertyManager.com

Looking to Lease your BOO-tiful home? It would be a TREAT to help you!

looking-to-lease-your-home

Looking to lease your BOO-tiful home? It would be a TREAT to help you!#RentalSweetRental #BevRobertsRentals #ApexNC #Cary #Raleigh#Fuquay #WakeCounty